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Finding Self Storage in Niles, MI: Top Tips

There are a few things you should know about Niles self storage before you begin your search. Niles storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. In order to give you a better idea of these factors in Niles, we pulled in data from the US Census.

Niles, MI Self Storage and Moving

Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Niles, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Niles by looking at the change in population. The Niles metro area saw its population decline from 11,595 persons in 2010 to 11,400 persons in 2014 according to the US Census, a decrease of -1.68%.

Self Storage and Real Estate in Niles, MI

One way to get an idea of the demand for housing and storage space in Niles is to look at housing occupancy and vacancy rates. If housing occupancy rates in Niles are high, it's probably safe to assume that storage facility occupancy rates in Niles are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Niles are at 11.5%, while the occupancy rate is at 88.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Niles, suggesting that storage unit inventory might also be tighter in Niles. With fewer units available, storage facilities in Niles may charge higher prices.